Global energy efficiency progress is recovering – but not quickly enough to meet climate goals – IEA

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A rapid expansion of technologies and solutions that drive more efficient use of energy across the economy is necessary to keep global climate pledges within reach, according to an International Energy Agency (IEA) report, which urges governments to take the lead in mobilising the required increase in investment. Global progress on energy efficiency has recovered […]

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”We’ll see $200 a barrel Oil”: Saudi Arabia, Russia, OPEC ministers blast IEA’s Net Zero Plan

If the world were to follow the International Energy Agency’s controversial road map, which said investment in new fields would have to stop immediately to achieve net-zero carbon emissions by 2050, “the price for oil will go to, what, $200? Gas prices will skyrocket,” said the Russian Deputy Prime Minister Alexander Novak at the St Petersburg International […]

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